Gaming Realms (LON:GMR) Stock Price Down 4.5% – What’s Next?

Shares of Gaming Realms plc (LON:GMR) traded down 4.5% during mid-day trading on Thursday . The company traded as low as GBX 32.54 ($0.42) and last traded at GBX 32.90 ($0.43). 1,886,501 shares were traded during trading, an increase of 247% from the average session volume of 543,671 shares. The stock had previously closed at GBX 34.45 ($0.45).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 50 ($0.65) target price on shares of Gaming Realms in a report on Wednesday, September 11th.

Gaming Realms Trading Up 0.6 %

The stock has a 50-day moving average price of GBX 38.61 and a two-hundred day moving average price of GBX 37.59. The stock has a market capitalization of £97.59 million, a PE ratio of 1,655.00 and a beta of 1.42. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.23 and a current ratio of 4.47.

About Gaming Realms

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally. The company operates through two segments, Licensing and Social Publishing. The Licensing segment is involved in brand and content licensing to partners.